Corona's Bio-Economic Crisis And The Post-Corona World,
2021
University of Minnesota-Morris
Corona's Bio-Economic Crisis And The Post-Corona World, Cyrus Bina
Economics & Management Publications
While pandemics are pervasive, this is for the first time that the capitalist mode of production reached the outer limits of biology, biosphere, ecology, economy, geography, and international relations in unison resulting in an all-encompassing crises that devastated the entire planet. The upshot of this pandemic has overwhelmed the infrastructure of public health across the globe with stunning speed and with infections in millions in just a few months and the velocity of economic damage and devastation much worse than the Great Depression of the last century. It is also the “proof of the pudding” for the “conquest of mode …
Determinants Of Business Cycle Synchronisation In The Common Monetary Area In Southern Africa,
2021
University of Warwick
Determinants Of Business Cycle Synchronisation In The Common Monetary Area In Southern Africa, Gustaf Dillner
Undergraduate Economic Review
This paper examines the key factors that determine business cycle synchronisation in the Common Monetary Area in Southern Africa by applying the extreme bounds analysis. I investigate traditional structural indicators and policy indicators of output correlation with annual data from 1980 to 2018. A positive effect of sector homogeneity and trade intensity on business cycle synchronisation is identified. However, whereas sector homogeneity is a growing trend correlating with an increasing trend of cycle correlation, trade intensity is not. Instead, trade intensity increases significantly in periods of stagnant growth when cycle correlation is higher, but no long-term trend can be seen.
The Global Economy In 2021,
2021
Singapore Management University
The Global Economy In 2021, Simon Baptist
Perspectives@SMU
The Economist Intelligence Unit is keeping an eye on inflation despite expecting interest rates to stay near zero. But don’t expect COVID-19 to be gone anytime soon
Foreign Direct Investment And Economic Growth: A Panel Data Analysis,
2021
Bryant University
Foreign Direct Investment And Economic Growth: A Panel Data Analysis, Yuan Yao
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the influences of FDI on economic growth of selected Latin American and Asian countries both directly and indirectly through factors such as technology, knowledge transfer, and trade openness. The study uses the growth regression to examine and identify not only the relationship between the FDI and economic growth of the underlying countries but also the interaction effects of FDI with human capital and trade openness on the economic growth based on the statistical performance of the interaction terms in the model. The evidence from the study shows that FDI does have an impact on economic growth both …
Star Player Bias In The Nba: A Quantile Regression Approach,
2021
Bryant University
Star Player Bias In The Nba: A Quantile Regression Approach, Daniel Barrett
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the impact of an NBA player’s salary on the number of fouls drawn by them in a season. NBA referees have complete discretion in making calls of whether a player does or does not commit a foul in game, with decisions susceptible to bias, favoring certain players with more fouls called in their favor than another player. The study uses salary to determine a player’s value, using a panel dataset of all players from the 2015-16 NBA season through the 2018-19 NBA season for salary and game statistics. The impact of salary is determined using a quantile …
Trade Liberalization And Economic Performance: An Empirical Analysis,
2021
Bryant University
Trade Liberalization And Economic Performance: An Empirical Analysis, Brandon Fontaine
Empirical Economic Bulletin, An Undergraduate Journal
Trade liberalization has long been a debated topic; free traders will argue it makes all involved parties more prosperous while protectionists say that it costs jobs and hurts countries’ economies. This paper will study the relationship between a country’s trade freedom, as measured by the Heritage Foundations trade openness metrics, and the nation’s economic performance. This study will incorporate indicators such as gross domestic product, unemployment, and investment flows across 56 countries of different income levels to determine whether free trade policies lead to greater economic performance. The three income levels analyzed will be high-income, medium-income, and low-income. The empirical …
The Effect Of Poor Working Conditions And Income Inequality On Gdp Growth,
2021
Bryant University
The Effect Of Poor Working Conditions And Income Inequality On Gdp Growth, Trent Remillard
Empirical Economic Bulletin, An Undergraduate Journal
This paper looks to see if there is a relationship between poor working conditions and growth in GDP annually. Many nations have historically treated their workers very poorly, and offered little in support or protection to them. Consequently, many of these same nations have seen large boosts in annual GDP growth. This paper aims to see if there is a correlation between this treatment of workers, and these subsequent boosts of GDP growth, and if there is, is it possible to predict the expected level of growth based on these factors.
Macroeconomic Drivers Of Reit Stock Prices,
2021
Bryant University
Macroeconomic Drivers Of Reit Stock Prices, Nicholas Mulligan
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates several variables as potential drivers of REIT stock performance. The results show that four of the six independent variables, all of positively correlated ones, were significant. The combination of variables proved to be very predictive, yielding an R-squared of 0.9712. The two variables that were added in this study versus the benchmark Morgan Stanley study proved to be highly significant. The two negatively correlated variables proved to be insignificant.
Quality Analysis Of Lift Ticket Prices In The United States Using Logistic Regression,
2021
Bryant University
Quality Analysis Of Lift Ticket Prices In The United States Using Logistic Regression, Jared Murphy
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possibility of a relationship between Lift Ticket Prices and quality of resorts in the United States of America. The study incorporates information from a number of past research papers analyzing the price of lift tickets and the individual characteristics of the ski area. In recent years, the price of lift tickets has increased far greater than the rate of inflation. With over 350 companies operating in the industry in the United States, they combine for annual revenue greater than $2 billion. Consumers who enjoy the sport have seen a sharp increase in prices throughout the past …
Economic Determinants Of Within-Country Political Instability And Violence: A Panel Data Examination Of Central And South America,
2021
Bryant University
Economic Determinants Of Within-Country Political Instability And Violence: A Panel Data Examination Of Central And South America, Michael Biskupic
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the potential impact of economic factors on withincountry violence and instability utilizing a panel data approach. More specifically, this paper examines the impact of within-country income inequality on a measure of political stability and a measure of within-country violence. Utilizing a Generalized Least Squares method, this paper finds that only in countries with a per-capita income less than $5000 is there a significant relationship between income inequality and violence. This paper concludes with a discussion of the results, recommendations for future research, and a section on policy recommendations based on the empirical results and potential risks not …
Student Achievement In Rhode Island Charter Schools: A Cross-Sectional Analysis,
2021
Bryant University
Student Achievement In Rhode Island Charter Schools: A Cross-Sectional Analysis, Edward Golas
Empirical Economic Bulletin, An Undergraduate Journal
Using standardized test results from the school year 2018-19 this study compares the performance of 3rd through 8th graders in Rhode Island charter schools to their peers in traditional public schools (TPSs). This study also uses OLS techniques to test if Rhode Island charter schools help to bridge the achievement gap between minority (black and Hispanic) students and white students. The results show that in approximately ¾ of comparable instances, Rhode Island charter schools outperform TPSs on both English and math standardized tests. Additionally, it was found that Hispanic students attending a charter school are predicted to score higher on …
Comparing Machine Learning Techniques For Predicting Bank Failure,
2021
Bryant University
Comparing Machine Learning Techniques For Predicting Bank Failure, Armen Eghian
Empirical Economic Bulletin, An Undergraduate Journal
The study of machine learning has helped create and refine many types of predictive models. These models have been applied to countless problems, but the importance of banking stability has led many researchers to create models predicting if a bank will be active in future years. Neural networks, support vector machines, and traditional regression models, have been used to predict bank failure, but random forests have not been fully explored. This paper shows random forests can offer prediction power greater than neural networks and logit models when used to predict bank failure. This aligns with work comparing random forests and …
The Great Consensus After The Great Recession: The Case Of Jamaica,
2021
University of Denver
The Great Consensus After The Great Recession: The Case Of Jamaica, Anthony N. Iacovelli
Electronic Theses and Dissertations
The purpose of this research was to determine the efficacy of the International Monetary Fund’s Stabilization Program (IMFSP) as a tool for economic development. The Fund’s program utilizes an approach steeped in the Washington Conesus, which requires austere and demand side economic measures to be taken to achieve success. To determine efficacy, Jamaica was used as a case study, where special attention paid to the supply side economic consideration of human capital development in Health and Education. Additionally, this paper contrasted the IMF approach with a case study of Singapore and the Developmentalist approach to economic development. The research provided …
Plantation Economy Model As Developed By Lloyd Best And Kari Polanyi Levitt: The Case Of Jamaica,
2021
University of Denver
Plantation Economy Model As Developed By Lloyd Best And Kari Polanyi Levitt: The Case Of Jamaica, Paula-Leone Samuda
Electronic Theses and Dissertations
Lloyd Best and Kari Polanyi Levitt created the Theory of the Plantation Economy as an analytical tool for understanding the causes of underdevelopment in the Caribbean region. The theory provides a break from the classical understanding of developing economies as simply pre-industrialized societies. Instead, the theory tracks uneven development through analysis of metropole-hinterland relations, which account for the legacy of slavery, colonialism, and mercantilism on the structure of the global economy. In doing so, Plantation Theory is able to draw a clear link between underdevelopment in the hinterland and development in the metropole. Examining the usefulness of the Theory of …
The Relationship Between Transportation Accessibility And Economic Development,
2021
Bryant University
The Relationship Between Transportation Accessibility And Economic Development, Abigail Kiggen
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possible relationship between transportation infrastructure accessibility and economic development in a given region. The study will incorporate data from counties in the state of Massachusetts to compare development from previous studies in the New York area. The independent variable will be transportation infrastructure accessibility, and the dependent variable will be measures of economic development. The results show that there are generally not correlations between better accessibility and economic development in a given region.
Investing In Entrepreneurship: The Sustainable Solution To Tunisia’S Youth Unemployment Crisis?,
2021
Western University
Investing In Entrepreneurship: The Sustainable Solution To Tunisia’S Youth Unemployment Crisis?, Hussein Noureldin
All Reports
Since the Jasmine Revolution of 2011, Tunisia’s youth unemployment crisis has worsened. As of 2020, it has the tenth highest youth unemployment rate in the world at 36.5%. Experts have long identified this as the main challenge to overcoming Tunisia’s economic woes, and reform – from the education and vocational training systems on the supply-side to the job market on the demand-side – must follow the democratic gains achieved since 2011. The failed approach in reducing regional inequality under Ben Ali had an adverse effect, creating unemployment disparities between Tunisia’s affluent coastal cities and its poorer interior regions. As such, …
Bengal Rising: Why Bangladesh & Pakistan’S Growth Trajectories Are Diverging,
2021
Western University
Bengal Rising: Why Bangladesh & Pakistan’S Growth Trajectories Are Diverging, Sartaj Javed
All Reports
50 years after Henry Kissinger derided the nascent state of Bangladesh as an economic basket case, the country has emerged as the newest claimant to the mantle of being an Asian tiger economy. Borne out of a genocidal civil war with Pakistan, Bangladesh’s rise and Pakistan’s decline over a tumultuous half-century period necessitates a review of foreign policy orthodoxy as South Asia’s populace starts to assert its economic and political might.
Informal Institutions And Comparative Advantage Of South-Based Mnes: Theory And Evidence,
2021
Singapore Management University
Informal Institutions And Comparative Advantage Of South-Based Mnes: Theory And Evidence, Pao-Li Chang, Yuting Chen
Research Collection School Of Economics
This paper builds a theory based on “informal institutions” to characterize the comparative advantage of South-based MNEs. MNEs headquartered in countries with poorer state institutions are shown to endogenously invest more in firm-specific institutional capital to compensate for the lack of state institutions, and as an optimal response, undertake FDI in countries with weaker institutions. We conduct an extensive test of the theory using worldwide firm-level greenfield FDI flows during 2009–2016, employing (among others) variations in the interaction of prevalence of informal institutions at home and state institutional qualities of host countries, as well as heterogeneity across sectors and firms …
Profit Efficiency Analysis Of Cassava Production In Enugu State, Nigeria,
2021
University of Nigeria
Profit Efficiency Analysis Of Cassava Production In Enugu State, Nigeria, Oguejiofor J. Okorie, Ubokudom E. Okon, Anselm A. Enete
Journal for the Advancement of Developing Economies
This study analyzed the profit efficiency of smallholder cassava farmers in Enugu state, Nigeria. The study employed a multi-stage random sampling technique in selecting 240 cassava farm households who are registered in the Enugu State Fadama III project during the 2019 farming season. Data were collected using copies of structured questionnaire and interview schedule. Collected data were analyzed using descriptive and inferential statistics (stochastic frontier profit function model). Results showed that the majority (73.3%) of the household heads were male, with a mean age of 52 years. Additionally, the majority (78.5%) of the respondents were married, mean farm size of …
Export Promotion As A Development Strategy: Evidence From Selected Southeast Asian Countries And Lessons For Ghana,
2021
Akenten Appiah-Menka University of Skills Training and Entrepreneurial Development
Export Promotion As A Development Strategy: Evidence From Selected Southeast Asian Countries And Lessons For Ghana, Ohenewaa B. Newman
Journal for the Advancement of Developing Economies
Developing countries have adopted various development strategies such as import substitution industrialization (ISI) and export promotion strategies. For Latin-American and developing countries, some level of economic growth was experienced using ISI after the Second World War. However, these countries could not attain the needed economic growth, technological advancement or guarantee food security with the adoption of ISI. It led to unequal income distribution, less internal competition, and distortions of their economy, among others. The rise of export promotion strategies in the 1970s was evidenced by an impressive economic growth and a decline in poverty in jurisdictions like Taiwan, Tanzania and …
